UN wants new global currency to replace dollar

[bakemeacookie]

Guess it's not just China and Russia anymore. Poor treasury dept - nobody will want to buy t-bills to keep american dollars in reserve. Awww....

UN wants new global currency to replace dollar - Telegraph

In a radical report, the UN Conference on Trade and Development (UNCTAD) has said the system of currencies and capital rules which binds the world economy is not working properly, and was largely responsible for the financial and economic crises.

btw: this kids is what happens when you have trillions in us dollars and that dollar falls in value cuz that stupid country is running up the biggest debt in history - and you don't want to find out every morning you've lost another $5.5 billion.

Gold FTW.

c

 

[AztecWarrior]

Sounds like were getting closer to a one world gov. to me.

 

[BNG]

sounds like were getting closer to a one world gov. To me.

scary but true!

 

[SpyWizard]

all part of the change.. the new world order... you better get used to it..

 

[Cutiebaby]

Sounds like were getting closer to a one world gov. to me.

exactly.

 

[canadianhitman]

Not exactly a big shock...other countries don't want to depend on the US dollar anymore because the country is being so badly mismanaged...the greenback is no longer trustworthy.

 

[cryptosporidium]

we want you big brotherr

 

[hanselthecaretaker]

It's teh Rothschildrens'sssss!..........!

 

[samoth]

Gold FTW.

I just came here to see what you posted about gold.

 

[mrplunkey]

There's a race going on. Either:

1) We'll keep spending money we don't have and go down as #1 (dragging everyone with us)

or

2) Enough countries can be free of the dollar so that when it does collapse, we crash alone.

So basically they're trying to get rid of us before we can crash them.

Good times.

 

[bakemeacookie]

Obama will fix it. None of you bitches have any faith. Racists.

c

 

[cryptosporidium]

hyperinflation.. NAU here we come!

 

[b0und]

Global currency suggestions are not new.

Not easily achieved though, how would the global currency be guaranteed, who would back it?

The US dollar would be fine if it wasn't for the massive debt, Reagan started that shit, not Obama. GW Bush is still the worst offender in running up debt.










b0und (ya'll wanna blame Obama if the dollar collapses, I know)

 

[bakemeacookie]

Global currency suggestions are not new.

Not easily achieved though, how would the global currency be guaranteed, who would back it?

The US dollar would be fine if it wasn't for the massive debt, Reagan started that shit, not Obama. GW Bush is still the worst offender in running up debt.










b0und (ya'll wanna blame Obama if the dollar collapses, I know)

who signed off bailing out the banks, aig and automakres with your taxes to the tune of trillions? Money to men who wouldn't even let you through their front door.

c

 

[mrplunkey]

Global currency suggestions are not new.

Not easily achieved though, how would the global currency be guaranteed, who would back it?

The US dollar would be fine if it wasn't for the massive debt, Reagan started that shit, not Obama. GW Bush is still the worst offender in running up debt.

b0und (ya'll wanna blame Obama if the dollar collapses, I know)

Barry supersized bush deficits.

 

[ponyfitness]

I'd rather move to Europe. I think the Euro will be just fine in the face of a collapsing US dollar.

 

[BNG]

I'd rather move to Europe. I think the Euro will be just fine in the face of a collapsing US dollar.

Try Hungary or Poland. I hear they're doing great!

 

[manny78]

"Yes we can !"

 

[ponyfitness]

Try Hungary or Poland. I hear they're doing great!

As far as I know neither of those countries uses the Euro. Poland is likely joining in 2012 and Hungary is in the EU but does not use the Euro.